Maryland News - Page 13

Erin Chamberlin to be the next vice president and general manager of The Horseshoe Casino Baltimore.

The CEO of Golden Entertainment sees no reason to change his or the company's management style.

The company said overall revenue increased during the third quarter.

The Las Vegas-based casino operator said its net income was $3 million for the third quarter of 2015.

Fitch Ratings Service analyst Alex Bumazhny believes the recent growth in regional casino markets masks "secular shifts" that could hold the markets back from real growth.

CEO Mark Frissora says casino operators have "underpenetrated" a tech-savvy, young customer base accustomed to mobile and social gaming.

This week's Casino Openings & Expansions column features the Las Vegas unveiling of the world's largest Hooters restaurant at Palms Casino Resort and a new "modern experience" nightclub at The Palazzo.

Longtime congressional staffer Eloy Martinez is the new senior director of government relations, and former Nevada Congressman Steven Horsford has been hired as a strategic communications consultant.

Hollywood Casino Perryville is celebrating its five year anniversary with a series of promotions that include $100,000 cash prize.

The MGM project in Prince George's County, Maryland, is expected to open late next year.

Gambling revenue is predicted to rise in Maryland.

Including the properties managed under the Caesars Entertainment Operating Company, which is in bankruptcy, the conglomerate would still report a net revenue increase of 8%.

A firm headed by former Nevada Congressman Steven Horsford will oversee brand marketing efforts for the $1.3 billion MGM National Harbor development, a resort under construction near Washington, D.C.

Maryland Live! Casino has generated over $67 million in local impact grants to benefit numerous neighborhood civic organizations.

Analysts expect MGM to announce a new strategic plan soon, and an interview with Jim Murren indicates that it is likely to include spinning off part of the company into a real estate investment trust.

Gaming and Leisure Properties, Inc., will acquire nearly all of Pinnacle's real estate properties, and the properties will be spun off into separate property and operating companies.

The $100 million theater is the latest in a line of nongaming developments MGM is investing in at its nine Strip resorts.

Caesars Interactive, owner of the World Series of Poker, has surpassed Zynga in terms of social gaming revenue.

The Nevada State Gaming Control Board has signed off on the deal, and the Nevada Gaming Commission is expected to give final approval on July 23.

The company's gains in revenue were partly attributed to increased volume through Caesars Interactive, the subsidiary that runs the company's World Series of Poker online poker sites.